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HomeFundingInvoice Factoring
Invoice factoring

Your money is already earned. Stop waiting for it.

You delivered. You invoiced. Now you wait 45 days while payroll runs every Friday. Factoring closes that gap by advancing 80–93% of the invoice within a day.

Pre-qualify in 4 minutes 612-927-2055
80–93%Advance rate
24 hrsPer invoice
1–4%Per 30 days
A trucking company owner reviewing stacks of open customer invoices
Overview

Not a loan — you're selling an asset you already own

Factoring is a sale, not borrowing. You assign an open invoice to a factor, receive most of the face value immediately, and the remainder — less the fee — when your customer pays. No new debt appears on your balance sheet and there's no fixed monthly payment to service.

The unusual part is the underwriting: the factor is mostly evaluating your customers' ability to pay, not yours. That makes factoring one of very few options that works with a damaged personal score, a thin operating history, or an open tax lien. If you invoice creditworthy commercial or government customers, you're likely fundable.

It also scales with you automatically. The facility grows as your receivables grow, which is exactly backwards from a fixed loan that caps out right when a big contract lands.

  • 80% to 93% advanced within 24 hours of invoice verification
  • Underwritten on your customers' credit, not only yours
  • No fixed monthly payment and no new debt on the balance sheet
  • Grows with your sales — no ceiling to renegotiate
  • Spot factoring available — factor one invoice, not your whole book
  • Non-recourse options that absorb customer non-payment risk

24 hours

From verification to funds.

Their credit

Your customers carry the underwriting.

Scales up

The facility grows with your book.

Every figure here is a typical range across our network, not a quote. Real terms come from your file.
Rates & terms

What this program actually looks like.

Advance rate80% – 93% of invoice face value
Fee1% – 4% per 30 days outstanding
Facility size$25,000 – $10,000,000+
Funding speed24 hours per verified invoice
Setup time3 – 7 business days
RecourseRecourse and non-recourse both available
ContractSpot, month-to-month or annual
Personal guaranteeOften not required

Ranges reflect typical structures across our lending network. Final terms are set by the funder after underwriting.

Qualifying

What underwriting looks for

  • You invoice other businesses or government (B2B / B2G)
  • Customers with reasonable payment history
  • Invoices for work already completed and delivered
  • No existing lien on your receivables
  • Minimum roughly $25,000 per month in invoicing
Check where I land

Documents to have ready

  • Accounts receivable aging report
  • Sample invoices and customer list
  • Articles of organization and EIN
  • 3 months of bank statements
  • Driver's license
Send statements as PDFs straight from online banking. Screenshots and scans slow underwriting by days.
The process

From first call to funded

  • 01

    Review

    Send your AR aging. The factor evaluates your customer base.

  • 02

    Set up

    Sign the facility agreement and notify customers of the assignment.

  • 03

    Submit

    Upload invoices as you issue them.

  • 04

    Advance

    80–93% funds within 24 hours; the reserve releases when the customer pays.

Right fit

When this is the answer

  • Staffing firms running weekly payroll against net-45 clients
  • Freight carriers waiting on broker settlements
  • Manufacturers with 60-day terms
  • Government or prime contractors
  • Any B2B business growing faster than it collects
Look elsewhere

When it isn't

  • Consumer-facing businesses that collect at point of sale
  • Progress billing on work not yet completed
  • Customers with a history of disputes or slow pay
  • Receivables already pledged to another lender
Questions

Invoice Factoring, answered.

On traditional notification factoring, yes — they receive a notice of assignment and remit to a lockbox. It's routine in trucking, staffing and manufacturing, and rarely raises an eyebrow. Non-notification programs exist for stronger files if discretion matters.
Typically 1% to 4% of face value per 30 days outstanding. A $100,000 invoice paid in 30 days at 2.5% costs $2,500. The real comparison isn't against a bank rate — it's against the margin on the work you can't take because your cash is tied up.
Under recourse factoring you buy the invoice back or substitute another. Under non-recourse, the factor absorbs credit loss if the customer becomes insolvent — though not if the debt is disputed over quality or delivery. We'll explain exactly which risks transfer.
Yes. Spot factoring lets you take a single large invoice without committing your whole receivables book. Rates run slightly higher, but there's no long-term contract.
Far less than anywhere else in business funding. A background check is standard, but the decision is driven by your customers' payment behavior. This is the most credit-flexible program we place.
Ask Night Fox a different question
Also worth a look

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Working Capital

$10K–$2M in 1–3 days for payroll, inventory and opportunity.

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Line of Credit

Revolving access up to $750K. Draw, repay, draw again.

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Revenue-Based Advance

Same-day capital with credit down to 500 and flexible remittance.

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Ready when you are

Ready to move on invoice factoring?

A four-minute application, a soft review, and no impact on your credit. Travis reads every file personally and calls back with real options — usually the same business day.

Talk to Travis directly612-927-2055
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